Judge finds 11th largest U.S. accounting firm in contempt over audit documents

May 20 -- Seattle accounting firm Moss Adams was ordered Friday to pay $180,000 over a judge's earlier contempt ruling for not fully complying with a subpoena for audit documents from Meridian Mortgage investment funds and its founder, Frederick Darren Berg. Judge Karen Overstreet ordered the CPA firm to pay Meridian bankruptcy trustee Mark Calvert to reimburse costs he says were incurred because Moss Adams took more than two years to turn over some documents from its work for Berg...
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Judge finds 11th largest U.S. accounting firm in contempt over audit documents

Judge orders CPA firm to pay to reimburse costs incurred because firm took more than two years to turn over some documents.

News • May 21st, 2013
Former stay-at-home mom's accounting firm grows to 13 staff

Two decades ago, Renee Philbrook was a stay-at-home mom with six children and a home-based bookkeeping business. Today, she is CEO of a mini accounting empire servicing small to corporate clients from Maine to Oklahoma.

News • May 21st, 2013
New Jersey coastal businesses preparing for post-Sandy summer tourism

The smell of funnel cakes, french fries and pizza will mingle with the salt air, and the screech of seagulls will be heard, but so will the thwack of hammers repairing what can be fixed and the roar of bulldozers and backhoes tearing down what can't.

News • May 21st, 2013
Financial analysis software developer receives $45 million in venture funding

Substantial Investment Round and Leading Cloud Investor Bessemer to Help Adaptive Further Scale and Outpace the Field in a Hot Business Analytics Market

News • May 21st, 2013
U-Haul offers free self-storage to Oklahomans affected by tornadoes

The U-Haul Company of Oklahoma City is offering 30 days of free self-storage to all residents who were affected by devastating tornadoes and severe storms that recently swept through many Oklahoma towns.

News • May 21st, 2013
Americans getting better with credit card debt

Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt.

News • May 21st, 2013
66% of small businesses planning on spending more on digital marketing

In a hyper-connected world where a strong online presence could mean better growth opportunities for business, 2013 looks to be another year of significantly increased online investment for small businesses.

News • May 21st, 2013
California tax preparer pleads guilty to tax evasion

A Patterson, California, tax preparer pleaded guilty Monday to one count of tax evasion and one count of structuring bank transactions in order to conceal her income, U.S. Attorney Benjamin B. Wagner announced.

News • May 21st, 2013
AICPA supports bill to exempt valuation specialists from fiduciary status

“The American Institute of CPAs (AICPA) welcomes the introduction of this legislation by Representatives Brett Guthrie (R-Ky.), Lynn Jenkins (R-Kan.) and Dave Loebsack (D-Iowa).

News • May 21st, 2013
Oklahoma Tornado: 50+ Fatalities, Disaster Area Declared, Federal Aid Opened Up

The U.S. Department of Homeland Security's Federal Emergency Management Agency announced that federal disaster aid has been made available to the State of Oklahoma to supplement state, tribal, and local recovery efforts in the area affected by severe...

News • May 20th, 2013
Canada trying to lure Silicon Valley tech workers

SAN JOSE, Calif. (AP) — The Canadian government has launched an aggressive campaign to lure Silicon Valley tech workers frustrated by U.S. visa policies northward, just as Congress wrestles with a long-sought overhaul of America's immigration...

News • May 20th, 2013
NAEA partner to offer affordable custom websites for tax pros

The National Association of Enrolled Agents and GetNetSet, LLC., have announced a partnership agreement through which the 11,000 members of the national tax preparer association can receive a discount professional website services.

News • May 20th, 2013
IRS probe focused on small groups, ignored large ones on both sides

The nation's tax agency has admitted to inappropriately scrutinizing smaller tea party organizations that applied for tax-exempt status, and senior Treasury Department officials were notified in the midst of the 2012 presidential election season that...

News • May 20th, 2013
New Minnesota tax law would increase revenue by $2.1 billion

The Minnesota House has passed a tax bill that could raise revenue $2.1 billion by boosting taxes on high-wage earners, smokers and corporations.

News • May 20th, 2013
Florida town waits for news of local $590 million Powerball winner

It could be an anxious wait of up to two months for people in a small Florida city to find out who won the highest Powerball jackpot in history: an estimated $590.5 million.

News • May 20th, 2013

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